A Brooklyn administrator claims the many grands she stole for a Victoria's Secret habit was for the benefit of the school's Fifth Graders. The judge deemed this one of a "rich array of implausible excuses" [New York Post]

The Lanvin/Acne collaboration is as pricey as everyone feared. [Fashionista]

Speaking of living it up: check out the "sweet room" at Asprey's Christmas bash, "filled with Christmas trees made from pink and green Ladurée macaroons, miniature cupcakes and chocolate fountains." [WWD]

"There's nothing sexy about bread lines." So begins this kinda tasteless but still terrific ode to "depression-era" glam. [Style.com]